Barclays PLC raised its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Free Report) by 367.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 40,359 shares of the semiconductor company’s stock after acquiring an additional 31,725 shares during the period. Barclays PLC’s holdings in Alpha and Omega Semiconductor were worth $1,498,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of AOSL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Alpha and Omega Semiconductor by 86.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 56,149 shares of the semiconductor company’s stock valued at $2,084,000 after buying an additional 25,991 shares during the period. State Street Corp grew its stake in shares of Alpha and Omega Semiconductor by 33.2% during the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock valued at $49,789,000 after buying an additional 334,657 shares during the period. Systematic Financial Management LP purchased a new stake in shares of Alpha and Omega Semiconductor during the 3rd quarter valued at $702,000. Algert Global LLC grew its stake in shares of Alpha and Omega Semiconductor by 172.8% during the 3rd quarter. Algert Global LLC now owns 89,920 shares of the semiconductor company’s stock valued at $3,338,000 after buying an additional 56,962 shares during the period. Finally, Point72 Asset Management L.P. grew its stake in shares of Alpha and Omega Semiconductor by 110.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock valued at $17,503,000 after buying an additional 247,051 shares during the period. 78.97% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on AOSL. Benchmark reissued a “buy” rating and set a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. Stifel Nicolaus decreased their price target on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a research report on Wednesday, November 6th. StockNews.com raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, December 24th. Finally, B. Riley decreased their price target on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th.
Alpha and Omega Semiconductor Stock Down 7.4 %
Shares of Alpha and Omega Semiconductor stock opened at $36.00 on Monday. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03. The company has a fifty day moving average price of $37.94 and a 200 day moving average price of $37.67. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of -53.73 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a twelve month low of $19.38 and a twelve month high of $53.29.
Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The firm had revenue of $181.89 million during the quarter, compared to analysts’ expectations of $180.07 million. Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. The business’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 earnings per share. Equities research analysts forecast that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current fiscal year.
Insider Buying and Selling at Alpha and Omega Semiconductor
In other news, EVP Bing Xue sold 875 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $41.00, for a total value of $35,875.00. Following the sale, the executive vice president now owns 128,986 shares in the company, valued at approximately $5,288,426. This represents a 0.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lucas S. Chang sold 12,497 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $41.46, for a total transaction of $518,125.62. Following the completion of the sale, the director now owns 25,204 shares in the company, valued at approximately $1,044,957.84. This trade represents a 33.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 54,065 shares of company stock valued at $2,534,690 in the last ninety days. Insiders own 16.90% of the company’s stock.
Alpha and Omega Semiconductor Company Profile
Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.
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